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Worthington Steel

(NYSE) WS

Current Price$35.23
Market Cap$1.79BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2023)+48%
5 YearN/A
1 Year+12%
1 Month-10%
Worthington Steel last closing stock price
MetricPriceDate
Last closeUSD 35.332026-07-17
Worthington Steel stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+6.9%USD 33.052026-07-10
1 month-9.87%USD 39.202026-06-17
3 month+3.08%USD 34.272026-04-17
Year to date+2.93%USD 34.322025-12-31
1 year+11.52%USD 31.682025-07-17
Since inception+48.49%USD 23.792023-11-28

Worthington Steel Financials at a Glance

Market Cap

$1.79BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$3.44B

Net Income (TTM)

$16.80M

EPS (TTM)

$0.32

P/E Ratio

111.59

Dividend

$0.64

Beta (Volatility)

1.49 (Average)

Price

$35.23

Volume

233,094.533

Open

$34.30

Previous Close

$35.33

Daily Range

$33.91 - $35.61

52-Week Range

$27.22 - $49.17

Estimated Earnings Date

Sep 23, 2026

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About Worthington Steel

Worthington Steel prepares metal for use in industrial products. It helps manufacturers make parts for cars, trucks, and farm equipment. The company focuses on serving large industrial customers across North America.

Essential Products and Industrial Services

  • Carbon flat-rolled steel: Coils of steel processed to meet exact customer requirements for thickness, width, and quality.
  • Tailor welded blanks: Multiple sheets of steel joined together to create a single part with different weight and strength characteristics.
  • Electrical steel laminations: Specialized steel components used to build motors and generators for electric vehicles and industrial machines.
  • Automotive sales: Products and services for the car and truck industry accounted for 54% of net sales in Q3 2026.

Strategic Moves and New Markets

  • Launched a bid to buy Kloeckner in early 2026 to increase its presence in European markets.
  • Purchased 52% of Sitem Group in June 2025 to expand production of electric motor parts.
  • Became a standalone public company after spinning off from Worthington Enterprises in December 2023.
  • Begun building a new manufacturing site for Tempel Canada in Ontario, supported by government loans received in 2024 and 2025.

What Makes the Business Different?

The company uses toll processing, which means it shapes steel owned by customers for a fee. This approach allows the business to maintain production levels even when raw steel prices fluctuate. Worthington Steel also holds leading positions in the North American market for tailor welded blanks, which are essential for building lighter vehicles.

Checking the Latest Financial Pulse

  • Net sales hit $769.8 million in Q3 2026, up 12% from $687.4 million in Q3 2025.
  • Net income was $10.4 million in Q3 2026, down 24.6% from $13.8 million in the previous year.
  • Operating income reached $3.1 million in Q3 2026, compared to $18.3 million in Q3 2025.
  • Operating cash flow reached $63.3 million in Q3 2026, up 17.7% from $53.8 million in the prior-year period.

Bottom Line

Worthington Steel has transitioned from a corporate division to an independent industrial leader. Its expansion into electric vehicle components and European markets shows a focus on modernizing its core steel processing business.

AI Generated • May 26, 2026

Industry

Metals and Mining

Sector

Materials

Employees

4,800

CEO

Geoffrey G. Gilmore, MBA

Headquarters

Columbus, OH 43085, US

WS Financials

Key Financial Metrics (TTM)

Gross Margin

11.69%

Operating Margin

3.08%

Net Income Margin

0.49%

Return on Equity

1.52%

Return on Capital

7.37%

Return on Assets

0.74%

Earnings Yield

0.90%

Dividend Yield

1.81%

Payout Ratio

1.94%

Stock Overview

Market Cap

$1.79BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

50.81M

Volume

233.09K

Avg. Volume

288.88K

Financials (TTM)

Gross Profit

$402.60M

Operating Income

$106.10M

EBITDA

$221.40M

Operating Cash Flow

$201.20M

Capital Expenditure

-$83.50M

Free Cash Flow

$117.70M

Cash & ST Invst.

$84.60M

Total Debt

$354.40M

Worthington Steel Performance Analysis

Worthington Steel annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-05-31USD 3,607,700,000-11.3%
20242024-05-31USD 3,430,600,000-4.9%
20252025-05-31USD 3,093,300,000-9.8%
20262026-05-31USD 3,443,800,00011.3%
Worthington Steel sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-08-314.8%
Q22025-11-30-0.1%
Q32026-02-28-11.7%
Q42026-05-3120.7%
Worthington Steel annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-05-31USD 1.77-51.7%
20242024-05-31USD 3.1477.6%
20252025-05-31USD 2.19-30.1%
20262026-05-31USD 0.34-84.5%
Worthington Steel sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q12025-08-31-33.6%
Q22025-11-30-47.9%
Q32026-02-28-42.1%
Q42026-05-31-545.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2026YOY CHG

Revenue

$929.20M

+11.6%

Gross Profit

$118.10M

-7.0%

Gross Margin

12.71%

N/A

Market Cap

$1.79BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$359.00K

N/A

Employees

5,000

N/A

Net Income

-$48.70M

-187.4%

EBITDA

$58.10M

-37.5%

Quarterly Fundamentals

Name
Q4 2026YOY CHG

Total Cash

$84.60M

+122.6%

Total Debt

$354.40M

+55.5%

Accounts Receivable

$496.20M

+13.1%

Inventory

$415.70M

-1.5%

Long Term Debt

$128.70M

+81.3%

Short Term Debt

$225.70M

+43.8%

Return on Assets

0.74%

N/A

Return on Invested Capital

7.10%

N/A

Free Cash Flow

-$38.60M

-559.5%

Operating Cash Flow

$44.90M

-16.7%

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Questions About WS

What is the current price of Worthington Steel?

Worthington Steel is trading at $35.33 per share.

What is the 52-week range for Worthington Steel?

Over the past 52 weeks, Worthington Steel has traded between $27.22 and $49.17.

How much debt does Worthington Steel have?

As of the most recent reporting period, Worthington Steel reported total debt of $354.40M.

How much cash does Worthington Steel have on hand?

Worthington Steel reported $84.60M in cash and cash equivalents in its most recent financial results.

What is Worthington Steel’s dividend yield?

Worthington Steel currently has a dividend yield of 1.81%.

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